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Posted: 8/22/2006 12:51:20 PM EDT
 This is bullshit! Tell me how the gov has power to do this?

http://news.yahoo.com/s/ap/20060822/ap_on_go_ot/irs_debt_collection_1
Link Posted: 8/22/2006 12:52:18 PM EDT
[#1]
Not really, it's just sub contracting collection on taxes.
Link Posted: 8/22/2006 1:08:23 PM EDT
[#2]
I work contract (1099) meaning I don't have any money deducted from my paycheck, and when I file, I pay.. and pay.. and pay.

So this idea just raises a train of questions for me.

When did my unpaid taxes (as they accrue through a fiscal year) become a line of credit from the government?

Will such things show up on my credit report if I don't file on time?

Can they (like a credit card company) "cancel" my account and stop extending me credit?  How would that work?


This makes for some interesting scenarios (at the cost of your credit rating) where the IRS may not accept an Offer In Compromise (basically you offer $0.80 or less, sometimes down to $0.10 on the dollar) currently because they think you'll have no problem paying the full amount -- but debt collectors always accept such offers since they keep something like 60-80% of what they recover as their "fee" and pay the rest to the creditor.

If that's the case.. tax paid would no longer equal (or even approach) tax collected.

Imagine if 60 cents on every dollar you paid went to a for-profit debt collection agency rather than the government.

There's definitely a lot to think about here.. heh.
Link Posted: 8/22/2006 1:17:14 PM EDT
[#3]
What if they take it a bit further, and give private companies authorization for no knocks! Then we have private Tac teams storming our homes wanting our money. I'm just thinking long term, that's all.
Link Posted: 8/22/2006 1:24:06 PM EDT
[#4]
It’s definitely not Fascist. Fascism is a political/economic theory about how to best organize society for the good of society. Since fascism was an extremely anti capitalist system there’s no way a fascist country would ever give a private company that kind of power.

That doesn’t mean it’s a good idea though. Personally I think it sets a terrible precedent. It reminds me of the ancient system where individuals paid the government for the right to collect taxes. The more taxes the collectors managed to extract from the population the more they profited.

That’s why tax collectors were so (properly) despised and hated in the time of Jesus. I think Christians everywhere need to make sure these new tax collectors know that even though they are only one notch above child rapists and way below prostitutes on the social scale, Jesus can still reach down and lift them up out of their sin.

I would tell them myself but I ain’t going anywhere near one of those filthy tax collectors. I hear that they have all kinds of nasty diseases, probably got them from Fing so many people up the A.

Link Posted: 8/22/2006 1:27:54 PM EDT
[#5]

It reminds me of the ancient system where individuals paid the government for the right to collect taxes. The more taxes the collectors managed to extract from the population the more they profited.



Kinda like the companies that own and maintain the RedLight Cameras...
Link Posted: 8/22/2006 1:28:45 PM EDT
[#6]

Quoted:
What if they take it a bit further, and give private companies authorization for no knocks! Then we have private Tac teams storming our homes wanting our money. I'm just thinking long term, that's all.



Link Posted: 8/22/2006 1:29:52 PM EDT
[#7]

Quoted:
What if they take it a bit further, and give private companies authorization for no knocks! Then we have private Tac teams storming our homes wanting our money. I'm just thinking long term, that's all.

OMG what if we hired private companies to provide rear echelon logistics and security for the military!
Link Posted: 8/22/2006 1:33:09 PM EDT
[#8]

Quoted:

It reminds me of the ancient system where individuals paid the government for the right to collect taxes. The more taxes the collectors managed to extract from the population the more they profited.



Kinda like the companies that own and maintain the RedLight Cameras...




Yea, but they are really bad. On Judgment day, Satan, shackled in the lake of fire, will look at the red light camera people and say, “Shit!!! I sure am glad I’m not one of those guys.”

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